Ariana Resources Share Discussion Threads

[bosbus] 23/3/2021 21:07

Shortarm

I'm not sure why you say " gold mines in Turkey now 77% Turkish owned - Excellent!"
As a LTH my biggest concern is that mines could become 100% Turkish owned and I think that pushes the share price down all the time. Please correct me if I'm wrong but, as I've said before Erdogan is a millstone round our necks and that is why we are still under 5p

[paul280i] 23/3/2021 19:16

mcmather, thank you for you reply, so much to go on, I just can't absorb it all. Why is still under 5p!

[mcmather] 23/3/2021 17:38

Paul, there’s Arzu Far North – page 17 on here - and Ceylan is the same general area, just to the west; page 21. Kiziltepe West is about 2-3KMs further NW.

A bit more here re the NW end of AN, 18 Nov 2019: ‘Significant mineralisation confirmed at far NW end of Arzu North, which sits outside of the current resource with the potential to extend further by several hundred metres’;

[renniks2016] 22/3/2021 16:32

Another 150k in the bag under 5p lovely jubbly. ;)

[shortarm] 22/3/2021 07:48

The timing is amazing!The gold mines in Turkey are now 77 percent Turkish owned - excellent!Moving into copper and battery metals as copper starts to fly!!The future is bright! (It's not orange - it's copper!!)

[paul280i] 21/3/2021 22:55

Looking at the Twitter picture I first thought that it was looking towards Arzu south and this vein was continuing through Arzu central. BUT this is the North West end of Arzu north, is this the end or just as far as they have dug so far? If this is the end of the planned pit then there is a lot more gold outside the proposed pit.
As always, more questions than answers.

[bigglesbingham] 21/3/2021 15:09

Nice find and I believe it isn't currently valued in AAU shareprice. I feel we are farther ahead of CHF which is valued at £10m. So I believe the drill results will coincide with divi payments which will mean any reduction in share price will be short lived

[plasybryn] 21/3/2021 13:32

Great picture on Twitter just gone up.NW end of the Arzu North pit showing the main and subsidiary veins (light orange colour), widening at depth! #AAU #gold #mineLooking good.

[soulsauce] 21/3/2021 10:46

Can't argue with that Renniks.

The fall in the Turkish lira has always been a benefit to us as Kerim has said on many occasions and one of the reasons we have such low production costs.

[renniks2016] 21/3/2021 10:38

Sunday morning question, what percentage of our mcap is allocated to our position in Venus, me personally, I think zero, but realistically should be ??? £6-8m?
Can see this becoming very interesting in the next 12-24 months for us.

[paul280i] 21/3/2021 10:03

Paulie, Has this payment changed? it was my understanding that payment was made in Turkish Lire and then imediately converted to US Dollars at the going rate except for a small number of Lira kept to make local payments. If I am correct and assume the Turkish government is printing Lire to make the payment then the cost to the Government is negligible.

[1candc] 21/3/2021 09:40

xow98 good read, thanks

[xow98] 21/3/2021 08:54

Article on Cyprus copper and Venus

[pauliewonder] 21/3/2021 07:48

It he listened to some of KS interviews he would know that AAU are paid in dollars from the Turkish Central Bank but some operating costs are in TL. So in many ways it woks better for AAU as they pay salaries and some cost in TL. KS has previously announced that TL fluctuations is not a major factor and AAU have the cash in the bank anyway. I agree with your point, the guy needs to c

[actonovator] 21/3/2021 07:33

lol Crescenter never gives up - wakes up on a Sunday morning and first thought is I'll troll a share board I dont like! Crescenter - have a few glasses of beer/wine on a Sat night and on Sunday morning take the dog for a walk and have a bacon and egg sandwich - you'll feel much better/human.

Open to correction but I'm pretty sure the asset sale was done in US dollars. With Gold and Silver sales made in US dollars and a Cyprus asset and soon-to-be Eastern Europe asset, Ariana has become relatively immune to Turkey's travails.

[crescenter] 21/3/2021 07:01

Not sure that the special dividend will be paid.



Also expect a share price hit this comin week.

[bigglesbingham] 20/3/2021 19:38

This isa allowance will be neutral imho. Many will move from non isa to isa. Some will add AAU into isa to benefit from dividend. Can't see why isa allowance would result in net reduction in AAU shares for anyone tbh.

[renniks2016] 20/3/2021 19:21

Me too BB, 1m+ it is a toss up wether it will spike with new ISA allowance, or dip, will people sell and buy back into ISA or use this year's allowance (as I intend ) to accumulate more. Thoughts?

[parsons4] 20/3/2021 13:19

Yes my biggest GOLD holding by far.

[bonehanmer] 20/3/2021 12:24

As have I, rude not to at these levels!

[bigglesbingham] 20/3/2021 12:00

Yep I've added quite a few in this sub 5p period , I just couldn't resist

[plasybryn] 20/3/2021 10:36

Yes actonovator it has been suggested that Kerim hopes/expects to have the Tavsan Environmental Impact Assessment (E.I.A.) in place by the end of March after a 9 month or so delay in part due to Covid-19. I was expecting other Tavsan news including Forestry Permits, Land acquisition, strategic investment status approved etc. But hopefully a Tavsan update around the granting of E.I.A. will cover all of this any more.
Finally by 30th March we were told that there was a chance the Capital reduction programme would be approved leading to an effective date for capital reduction by the 21st April ahead of the special pay-out.
I would like to see this weeks buying momentum maintained taking us back above the 200 day moving average and firmly back into positive chart territory. My view remains that buying below 5p is a gift and this special offer won't be around for much longer. Good luck everyone.